Selling Swing: shorting AAPL 340 weekly calls 2X OVERSIZED a
Posted: Thu Jan 06, 2011 3:50 pm
Selling Swing: shorting AAPL 340 weekly calls 2X OVERSIZED at 1.70 area next week Expire. this is twice my usual largest entry on options but it is only this size to help hedge against premium loss on the long position we have on 340 jan calls, for I see a significant intraday negative on AAPL here and wish to protect profits in the case of a pull back or sideways action leading to depreciation.